Nespico: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Nespico
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4.3m
2024 · -€12,600-€4.3m
Equity
€3.3m
2024 · €7.6m-€4.3m
Cash
€2,685
2024 · €616+€2,069
Balance sheet total
€5.1m
2024 · €8.0m-€2.8m
Largest movements
Assets
- Financial fixed assets -€2.8m
down €2.8m (-35.7%), from €8.0m to €5.1m
Equity and liabilities
- Profit (loss) carried forward -€4.3m
new in 2025: -€4.3m
- Other debts +€1.4m
up €1.4m (+424.7%), from €338,429 to €1.8m
Income statement
- Depreciation +€4.3m
new in 2025: €4.3m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€12,600
Depreciation
-€4.3m
Other operating charges
+€1,257
Other operating items
-€8,827
Financial charges
-€28,430
Result 2025
-€4.3m
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.4m
Investment
-€1.4m
Financing
€0
Cash 2024
€616
From operations (derived)
+€1.4m
Net result for the year
-€4.3m
Depreciation
+€4.3m
Smaller working-capital items
-€3,010
Other debts
+€1.4m
Accrued charges and deferred income
+€27,342
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Cash 2025
€2,685
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,962,116 | €5,124,671 | -€2.8m | -35.6% |
| Fixed assets | 21/28 | €7,961,500 | €5,120,820 | -€2.8m | -35.7% |
| Financial fixed assets | 28 | €7,961,500 | €5,120,820 | -€2.8m | -35.7% |
| Affiliated companies | 280/1 | €7,961,500 | €5,120,820 | -€2.8m | -35.7% |
| Participating interests | 280 | €7,961,500 | €5,120,820 | -€2.8m | -35.7% |
| Current assets | 29/58 | €616 | €3,851 | +€3,235 | +525.2% |
| Amounts receivable within one year | 40/41 | - | €1,166 | +€1,166 | |
| Other amounts receivable | 41 | - | €1,166 | +€1,166 | |
| Cash at bank and in hand | 54/58 | €616 | €2,685 | +€2,069 | +335.9% |
| Total equity and liabilities | 10/49 | €7,962,116 | €5,124,671 | -€2.8m | -35.6% |
| Equity | 10/15 | €7,614,902 | €3,314,513 | -€4.3m | -56.5% |
| Contributions | 10/11 | €5,815,005 | €5,815,005 | = | 0.0% |
| Reserves | 13 | €1,799,897 | €1,799,897 | = | 0.0% |
| Distributable reserves | 133 | €1,799,897 | €1,799,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,300,389 | -€4.3m | |
| Amounts payable | 17/49 | €347,214 | €1,810,158 | +€1.5m | +421.3% |
| Amounts payable within one year | 42/48 | €340,570 | €1,776,172 | +€1.4m | +421.5% |
| Trade debts | 44 | €2,141 | €297 | -€1,844 | -86.1% |
| Suppliers | 440/4 | €2,141 | €297 | -€1,844 | -86.1% |
| Other amounts payable | 47/48 | €338,429 | €1,775,875 | +€1.4m | +424.7% |
| Accrued charges and deferred income | 492/3 | €6,644 | €33,986 | +€27,342 | +411.5% |
| Operating charges | 60/66A | €4,928 | €4,264,287 | +€4.3m | +86431.8% |
| Services and other goods | 61 | €2,528 | €11,355 | +€8,827 | +349.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,251,789 | +€4.3m | |
| Other operating charges | 640/8 | €2,400 | €1,143 | -€1,257 | -52.4% |
| Operating profit (loss) | 9901 | -€4,928 | -€4,264,287 | -€4.3m | -86431.8% |
| Financial charges | 65/66B | €7,672 | €36,102 | +€28,430 | +370.6% |
| Recurring financial charges | 65 | €7,672 | €36,102 | +€28,430 | +370.6% |
| Debt charges | 650 | €6,645 | €35,025 | +€28,380 | +427.1% |
| Other financial charges | 652/9 | €1,027 | €1,077 | +€50 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,600 | -€4,300,389 | -€4.3m | -34030.1% |
| Profit (loss) for the period | 9904 | -€12,600 | -€4,300,389 | -€4.3m | -34030.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,600 | -€4,300,389 | -€4.3m | -34030.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.